NewStats: 3,264,062 , 8,182,471 topics. Date: Monday, 09 June 2025 at 01:50 PM 6v3561

I was doing a research on personal finance management, and I ask CHATGPT to budget the proposed minimum wage of 62,000 naira proposed by the FG. Look at what I found out.

Even AI couldn't squeeze the Money

Eweei 😂

Imagine a family with children, who pay school fees

nabiz:
Imagine a family with children, who pay school fees

why u go marry or give birth when u know u dey earn 62k.. why not save and get a side business before marrying. Nothing business.


Edited:

Y do we always shy away from the truth? Who dey mention me abeg? Did I say anything wrong? Someone even said I am stupid.. if I earn 65k In 3yrs being single, I will surely have a good savings.. probably to buy me a bike for hire purchase or pos business for any girl I want to date, if I see she's jobless. Many pple u see jumping buses daily earn less than 30k. 2007 I was been paid 5k monthly as a teacher. I saved through extra lessons. Man dey jog early morning to school bfor 6am to avoid transport money. Why should I have a girlfriend when I am earning 65k. Daily calls, weekend funs, bills, family.. hmmmm.
Many of my bosses for this nairaland self neva married or even born. U wey wan form loverboy without shishi dey over populate

To b3 very honest, 62k won't survive me for 10 days. I don't think it would survive anybody either

MaziX:
why u go marry or give birth when u know u dey earn 62k.. why no save and get a side business before marrying. Nothing business.

My Broda, Business na the surest thing. I am going into it.

The AI put rent at 12k, that is assuming that ones annual rent is 144k, I dont know where you would get a moderate selfcon for anything less than 170k around some places in Nigeria ...

Secondly, it placed utilities at 7k, that is: water, electricity and gas ... Assuming that the gas there is cooking gas, I don't know how many kg you use in a month, but for me, that 7k will prolly cover just that, NEPA bills due to the increased tariff is prolly more than that, unless ofcourse you have a prepaid meter in your house, so it isn't feasible...

I could go on and on, but the fact is that, 62k cannot give one the barest minimum level of comfort in Nigeria, considering the strength of the current economy ...

MaziX:
why u go marry or give birth when u know u dey earn 62k.. why no save and get a side business before marrying. Nothing business.

how old are you

Savings for the future goals🤣🤣🤣

Chatgtp even add 3k to make am complete.

Fahvvy:
The AI put rent at 12k, that is assuming that ones annual rent is 144k, I dont know where you would get a moderate selfcon for anything less than 170k around some places in Nigeria ...

Secondly, it placed utilities at 7k, that is: water, electricity and gas ... Assuming that the gas there is cooking gas, I don't know how many kg you use in a month, but for me, that 7k will prolly cover just that, NEPA bills due to the increased tariff is prolly more than that, unless ofcourse you have a prepaid meter in your house, so it isn't feasible...

I could go on and on, but the fact is that, 62k cannot give one the barest minimum level of comfort in Nigeria, considering the strength of the current economy ...

You dey earn 62k and want to get selfcon, are you serious at all?

What happened to a room in a wing?

We all do what we're not capable of doing most time and we lack self management.

I keep saying it, you have no business with relationships or having children when you don't have enough money.

Abbeytoy:


You dey earn 62k and want to get selfcon, are you serious at all?

What happened to a room in a wing?

We all do what we're not capable of doing most time and we lack self management.

I keep saying it, you have no business with relationships or having children when you don't have enough money.

Don't mind him... he should be living under the bridge sef.

nabiz:
how old are you

early 30s and married sir

Lol

Even AI couldn't believe it's eyes when you said 62k so it had to adjust it to 65k at the end

It's like asking AI to budget 40 dollars monthly income for you when it the familiar figures it sees on such question is like 2500 dollars or more monthly

Please don't crash the AI with such ridiculous amount next time😂😂

AI feeling right now.

ChatGPT is not perfect .

That's why HUMINT still supercede .

AI trying to explain how feeding and groceries is 15k for a month.

The reality is that what Tinubu has destroyed as per the economy can never be rescinded again. Standard of living will continue to get higher day by day. Even if petrol get down to 200 per litre things will still not remain the same. Garri can never go down to 600 per paint and beans will not go down to the same level it was before. With the 62k minimum wage, expect astronomical increase in school fee as from next term. Well, we are all in it together.

The labor force of federal govt of Nigeria is about 2million,
Let's inflate the figure because of corruption and looting to 3million.

We sell 1.5 million barrel of crude oil daily @%90 per barrel which equals to $135million daily.

Let's assume 40% of this funds is shared across states then %20 is spent on salaries while the fg retains the rest 40% for capital and reccurent expenditure.

20% of 135million = $27million.
Multiply by 30 days in a month= $810million.

If you divide this figure by 3million workers, that's $270 per individual workers.

Depending on heirachy, I see no reason why the FG can't pay a minim wage of $120 as minimum wage.
That's about 140k In naira if you deduct $20 for pension and tax.

If labour are being realistic 140k is a fair deal, that 60k they are all talking about is absolute hogwash and I'm not joking.
So also the 250k labour is requesting.

Have you heard of kpako(wooden) house? Your budget will work if you live there.
For the food, you can spend #500 daily like this.

Morning biscuit #200
Afternoon Kulikuli #100
Evening Agbado #200

Always fetch your water from canal or free well water.

Instead of using soap to wash your cloth, be dyeing it in the blood of goat. Only that you need to change your football club to Man Utd or Liverpool if you are not one already.

To brush your teeth, use any available stick as chewing stick.

For transport fare, return to trekking of our ancestors, afterall our national anthem is now ancestoral.

Soap for bathing? There are herbs that produce foams like botuje leaf. Use them to bath like soap.

Gas for cooking? Organise a farting competition. Open your cylinder, great and mighty farters will fill them up in no time at all. But pls encourage your farters to always eat food rich in oxyacetylene that s burning.

Miscellaneous? You never thank God say you dey alive on your 62k budget
Miscellaneous ko, miscellaneous ni.

Craze

digitant:
I was doing a research on personal finance management, and I ask CHATGPT to budget the proposed minimum wage of 62,000 naira proposed by the FG. Look at what I found out.

Learn custom instructions and try again

Custom instructions reduces AI hallucinations.

Go to chatgpt settings and you'll see custom instructions near your profile image at the top

ChatGPT don collo finish...

You give am 62,000 to work with, it is coming up with an estimate of 65,000..

chatGPT is flawed ...it suppose to work exactly with what was given.

Present goal never enter net ,you dey talk of future one

Abbeytoy:


You dey earn 62k and want to get selfcon, are you serious at all?

What happened to a room in a wing?

We all do what we're not capable of doing most time and we lack self management.

I keep saying it, you have no business with relationships or having children when you don't have enough money.

Those who already have children and into relationship, will they throw them away?

AI add extra 3k even the minimum wage got AI confused

This is way out of reality. Both FG and AI are not being realistic.

Na still the stuff we write on internet CHATGPT will search and give you back in real time, nothing innovative in this advanced copy and paste technology.
The reality of that budget is that non of those itemized parts can be gotten with such ridiculous amount.

FG sef ehn.😂😂😂


12kg gas
Water alone both drinking and etc
Electricity is not guaranteed especially without prepaid so lets assume generator which 10k fuel for Tiger per month is manageable.

E don enter 40k alone. Cut it down due to Shegenomics put at 30k.

If children exist, fees have taken it to 150k overall.
Tfare puts it at 200


Nothing less than 200k is needed to run a Nigerian family of 5 at least. But these grumpy potbellied pipu that enjoy nonsensical stuff such as Hardship Allowance no go wan allow citizens breef.


Add those state govrs that are miserable and cunny and devilish.

MaziX:
why u go marry or give birth when u know u dey earn 62k.. why no save and get a side business before marrying. Nothing business.

So how much will you save from N62k monthly after all expenses that will be enough to do side busness before you go marry? Just better marry and control birth as problem nor dey finish